India's Telangana state allows beer prices to be increased
HYDERABAD, India, Feb 11 (Reuters) - India's Telangana
state has allowed beer prices to be increased from Tuesday and
has directed that all existing stock to be sold at the revised
rates, according to a government order.
Heineken's HEIN.AS Indian unit United Breweries UBBW.NS
had last month halted supply briefly over pricing and
non-payment of dues by the state government.
(Reporting by Rishika Sadam and Tanvi Mehta; Editing by YP
Rajesh)
((tanvi.mehta@thomsonreuters.com; https://twitter.com/TanviMehta710;))
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